In 2023, Italy led European business expenditure on R&D in textiles manufacturing, amounting to 392.47 million euros. Poland and Portugal registered notable year-on-year increases of 22.57% and 19.28%, respectively. Between 2019 and 2023, Poland showed the most substantial growth, indicating a strategic emphasis on textile innovation. Conversely, countries like Slovakia and Hungary remained at the lower end of the spectrum, with minimal expenditure. Sweden’s R&D investment remained unchanged in 2023.
Looking ahead, expect a continued emphasis on sustainable textile technologies, particularly within Italy and Poland. Additionally, digital advancements and automation are anticipated to drive R&D investments across Europe, potentially influencing expenditure allocations.
Top countries in Business Expenditure on R&D in Textiles Manufacturing by Country
| # | 10 Countries | Million Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Italy | 392.47 | 2023 | +7.08% | +0.82% | View data |
| 2 | 2 Belgium | 72.65 | 2021 | +17.88% | View data | |
| 3 | 3 Poland | 61.46 | 2023 | +40.22% | +22.57% | View data |
| 4 | 4 Portugal | 45.13 | 2023 | +11.7% | +19.28% | View data |
| 5 | 5 Spain | 32.96 | 2021 | View data | ||
| 6 | 6 Sweden | 17 | 2023 | +15.52% | View data | |
| 7 | 7 Czech Republic | 15.4 | 2023 | +2.1% | +4.58% | View data |
| 8 | 8 Finland | 14.38 | 2023 | +5.26% | +7.75% | View data |
| 9 | 9 Hungary | 2.04 | 2021 | View data | ||
| 10 | 10 Slovakia | 0.6 | 2021 | +15.55% | View data |
